NOT LISTED FOR SALE

Estimated Value: $981,000 - $1,425,000

2 Beds
2 Baths
860 Sq Ft
$764/mo HOA Fee

Last Sold April 02, 2018

Last sale price $1,074,000 $1,249 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,052/month

43 Days on Market

Highlights

  • Pre War Building
  • 4-minute walk to 4 Avenue-9 Street (D,M,N,R Line)
  • 1-minute walk to Washington Park Dog Run
  • Balcony
  • Garage

About This Home

As of April 2018

Superbly appointed Park Slope two bedroom, two bathroom home in the full service Novo condominium, with dramatic open panoramic exposures of the city skyline.Top quality fixtures and finishes are coupled with modern design to create a warm and welcoming space. This wonderful home features hardwood maple floors, renovated kitchen, updated bathrooms, vented washer/dryer, outdoor terrace and a superb layout which offers great sense of space for everyday life and entertaining. The Novo Condominium's location is second to none, with close access to multiple subway lines and adjacent to Washington Park and the J.J. Byrne Playground. Fine dining is available on Fifth Ave, and shopping at the Whole Foods market, or the Sunday 5th Ave Farmers Market is conveniently located close by. The Novo Condominium is a pet friendly, full service condominium which offers a 2000 square foot gym with yoga stretching room, playroom, lounge, and 24-hour underground parking garage. An added bonus of a 421A tax abatement ensures a subsidized tax incentive until 2033

Last Agent to Sell the Property

Stephen Gallagher

Douglas Elliman Real Estate License #40GA0917788 Listed on: 01/16/2018

Douglas Elliman Real Estate

Co-Listed By

Natalie Rakowski

Douglas Elliman Real Estate License #30RA0808661

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $204

Year Built

  • Built in 2006

HOA Fees

  • $764 Monthly HOA Fees

Parking

  • Garage

Home Design

  • 860 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Community Details

  • Parkslop Subdivision
  • 12-Story Property

Listing and Financial Details

  • Tax Block 981

Property Details

Home Type

Condominium

Est. Annual Taxes

$204

Year Built

Built in 2006

Lot Details

0

HOA Fees

$764 per month

Listing Details

  • Cross Street: 3rd & 5th Streets
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: PARKSLOP
  • Architectural Style: Prewar
  • Entry Level: 10
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 12

Interior Features

  • Appliances: Dryer, Washer
  • Living Area: 860.0
  • Living Area Units: Square Feet
  • Rooms (Total): 4

Beds/Baths

  • Bathrooms Integer: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Patio/Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 764.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: No
  • Total Stories: 12
  • Year Built: 2006

Tax Info

  • Tax Block: 981
  • Tax Annual: 204.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2018
Closed on
Apr 2, 2018
Sold by
Martinelli Max D
Bought by
Barone Maryanne
Seller's Agent
Stephen Gallagher
Douglas Elliman Real Estate
List Price
$1,100,000
Sold Price
$1,074,000
Premium/Discount to List
-$26,000
-2.36%
Current Estimated Value
$1,150,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,834
Avg. Annual Appreciation
0.59%
Original Mortgage
$500,000
Outstanding Balance
$432,842
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$688,702

Purchase Details

Closed on
Sep 9, 2014
Sold by
Spector Le and Tran Minh
Bought by
Martinelli Max D

Purchase Details

Closed on
Sep 11, 2008
Sold by
343 Llc
Bought by
Tran Le Minh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barone Maryanne $1,074,000 --
Martinelli Max D $850,000 --
Martinelli Max D $850,000 --
Tran Le Minh $580,000 --
Tran Le Minh $580,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barone Maryanne $500,000
Previous Owner Tran Le Minh $11,057
Previous Owner Tran Le Minh $522,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2018 04/02/18 Sold $1,074,000 -2.4% $1,249 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $1,100,000 -- $1,279 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $198 $96,533 $2,416 $94,117
2024 $198 $90,944 $2,416 $88,528
2023 $198 $80,743 $2,416 $78,327
2022 $194 $91,277 $2,416 $88,861
2021 $194 $77,329 $2,416 $74,913
2020 $198 $86,499 $2,416 $84,083
2019 $198 $84,802 $2,416 $82,386
2018 $202 $78,544 $2,415 $76,129
2017 $202 $73,369 $2,416 $70,953
2016 $2,930 $60,239 $2,415 $57,824
2015 $1,122 $54,674 $2,415 $52,259
2014 $1,122 $48,184 $2,416 $45,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10088245

Real Estate Board of New York (REBNY)

APN: 00981-1100